I wonder if we need two different prices for bitcoin?
It seems like the current price (I assume mostly from Coinbase, etc) is mostly from the big money trading, ETFs etc, basically the same old system.
Individuals selling each other non-KYC self-custody bitcoin would probably not sell for that price but that volume is much smaller.
It almost seems like two different assets combined in one. Do we have a precedent for this? Any explanation or what should individuals do besides hodling and ignoring the price?
Maybe
@Jeff Booth or
@Lyn Alden know?